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Stock exchange in Frankfurt: Dax follows a strong start to November

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Jane
Jane
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
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After an unusually strong stock exchange month in October, the German stock market started November with price gains. The Dax rose 1.22 percent in early trading on Tuesday to 13,415.72 points. The leading index thus recorded a new high since mid-September. The MDax even gained 1.91 percent to 24,130.48 points and the leading euro zone index, the EuroStoxx 50, gained 1.4 percent.

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After an unusually strong stock exchange month in October, the German stock market started November with price gains. The Dax rose 1.22 percent in early trading on Tuesday to 13,415.72 points. The leading index thus recorded a new high since mid-September. The MDax even gained 1.91 percent to 24,130.48 points and the leading euro zone index, the EuroStoxx 50, gained 1.4 percent.

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Last month, the Dax had one of the best October balance sheets in history with a gain of 9.4 percent.

The Dax did not receive positive targets on Tuesday from the US stock exchanges, which were weaker the night before, but from Asia due to speculation about a departure from the Chinese regime’s zero Covid policy. In Hong Kong, in particular, there was a jump in prices, which was led by technology stocks. In addition, the Australian central bank continued its relatively moderate monetary tightening course, it said.

Source: Stern

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